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CanAsia Energy Corp V.CEC

Alternate Symbol(s):  CECAF

CanAsia Energy Corp. is a Canada-based junior oil and gas company. The Company is engaged in the exploration for, and the acquisition, development and production of, crude oil and natural gas reserves. The Company, through its subsidiary, Andora Energy Corporation, is focused on developing the bitumen resources at the Sawn Lake property using steam assisted gravity drainage (SAGD) development. The Company has interests in 27 sections (24.25 net sections) of Sawn Lake Alberta Crown oil sands leases within the Alberta Peace River Oil Sands area. In the Sawn Lake Central area, it operates with a 75% working interest in two oil sands leases with 11 gross sections (8.25 net sections). In the Sawn Lake South area, it operates with a 100% working interest in three oil sands leases with 16 gross sections (16 net sections).


TSXV:CEC - Post by User

Bullboard Posts
Comment by waitingstillon Sep 08, 2017 1:25am
412 Views
Post# 26670213

RE:RE:RE:RE:RE:Mackie report

RE:RE:RE:RE:RE:Mackie report

Can someone explain something to me? On page 9 of the presentation here...

https://panorient.ca/images/stories/file/Pan_Orient_Presentation_June_13_2017.pdf

It shows what I think is the basement membrane at 1140m? It also shows no BRF at this location unless the markers on the left hand side are shifted out of place (which I assume so but am not sure). Then there is the blue brick coloured area which has no definition assigned to it.

If the designations on the left are indeed shift up and the basement is considered to be what is in white, then the basement should hvae been at about 1350m according to this? Is that correct?

Do you think the "thich apron of lower sandstone" is the solid pink to the right of the AYU drill?

And by saying you think the "BRF goes a lot deeper", do you mean they just hit the high point of the basement because the BRF can not exist both above and below the basement in a direct line down, can it? Sorry, no geologist here!

TIA.

Bullboard Posts